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One of the most exciting segments of the economy is the cannabis industry. It presents great opportunities for investors, entrepreneurs and the industries that support them. But it also has significant challenges. One of these challenges is the availability, predictability and quality of insurance coverage for cannabis businesses. While the situation is slowly improving, it still presents significant issues for professionals both in terms of coverage and availability. This Briefing will explore those issues and the reasons for them.
Please join Joseph Ehrlich, President of Owens Group Insurance and Michael D. Schwamm Partner at Duane Morris LLP as they:
- Discuss the legal, regulatory and structural issues contributing to the current situation;
- Explore the insurance needs of and available solutions for businesses in different segments of the cannabis industry; and
- Review relevant case law and its potential impact on resolving claims in the cannabis businesses.